|Bid||284.57 x 1000|
|Ask||284.99 x 900|
|Day's Range||282.26 - 292.00|
|52 Week Range||109.18 - 299.67|
|Beta (5Y Monthly)||1.61|
|PE Ratio (TTM)||N/A|
|Earnings Date||Feb 03, 2021 - Feb 08, 2021|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||271.90|
Apple is working to avoid antitrust issues with a slew of new Ap Store policies. But it could backfire big time.
Audio streaming giant Spotify (NYSE: SPOT), has drawn lots of criticism from investors because its expenses eat away at so much of its revenue. Since the majority of its cost of revenues is paid out in royalties to the major music labels, Spotify touts a measly 25% gross margins. Early on, Spotify needed users, and the labels owned the music.
SNAP acquires mobile music app Voisey to counter the growing threat from the popularity of Instagram Reels and TikTok app.